Pro-ESOP Bill Introduced in the House - SES Advisors
  • 888.SES.ESOP
News & Events

Pro-ESOP Bill Introduced in the House

Author: SES Advisors

n May 17, 2013, Congressmen Brett S. Guthrie (R-KY), David Loebsack (D-IA), and Congresswoman Lynn Jenkins (R-KS) introduced H.R. 2041, a bill to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to make clear appraisers of employee stock ownership plans (ESOPs) are not ERISA fiduciaries.

H.R. 2041 is the companion bill to S. 273 introduced by Senator Kelly Ayotte in February 2013. This bill is a response to the Department of Labor

Subscribe to our mailing list

  • This field is for validation purposes and should be left unchanged.
Is an ESOP right for you?
×